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Samsung Electronics’ display unit considers building Vietnam factory

17
Jun
2014

A unit of South Koreas Samsung Electronics said on Tuesday that it was in talks with the Vietnam government over building a factory to make display modules for mobile phones. Samsung Electronics, a close rival to Apple Inc, is ramping up production in low-cost Vietnam, amid an intensifying price war in the smartphone market. South Koreas Yonhap News Agency said Samsung Display was considering an investment of $1 billion to build the plant by 2020.

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